Comparing Revenue Performance: NVIDIA Corporation or Seagate Technology Holdings plc?

NVIDIA's revenue soars, Seagate's steady decline: A decade in review.

__timestampNVIDIA CorporationSeagate Technology Holdings plc
Wednesday, January 1, 2014413016200013724000000
Thursday, January 1, 2015468150700013739000000
Friday, January 1, 2016501000000011160000000
Sunday, January 1, 2017691000000010771000000
Monday, January 1, 2018971400000011184000000
Tuesday, January 1, 20191171600000010390000000
Wednesday, January 1, 20201091800000010509000000
Friday, January 1, 20211667500000010681000000
Saturday, January 1, 20222691400000011661000000
Sunday, January 1, 2023269740000007384000000
Monday, January 1, 2024609220000006551000000
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Unleashing the power of data

A Tale of Two Tech Giants: NVIDIA vs. Seagate

In the ever-evolving landscape of technology, revenue performance is a key indicator of a company's market position and growth potential. This chart offers a fascinating glimpse into the financial trajectories of NVIDIA Corporation and Seagate Technology Holdings plc over the past decade.

NVIDIA's Meteoric Rise

From 2014 to 2024, NVIDIA's revenue has skyrocketed by over 1,370%, reflecting its dominance in the graphics processing unit (GPU) market and its strategic expansion into AI and data centers. By 2024, NVIDIA's revenue reached an impressive $60.9 billion, a testament to its innovative prowess.

Seagate's Steady Course

In contrast, Seagate's revenue has experienced a more modest fluctuation, peaking at $13.7 billion in 2015 and gradually declining to $6.6 billion by 2024. This trend highlights the challenges faced by traditional storage solutions in an era increasingly dominated by cloud computing and solid-state drives.

Conclusion

This comparison underscores the dynamic nature of the tech industry, where innovation and adaptability are crucial for sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025